In a brief Securities and Exchange Commission Form 8-K filing, AMD this afternoon has revealed that it has once again amended its wafer supply agreement with US fab (and AMD fab spin-off) GlobalFoundries. Under the terms of the amended seventh amendment, AMD will see out its existing commitment to use GlobalFoundries through 2024, with the latest amendment setting purchase targets for 2022, 2023, and 2024. Beyond those new targets, however, the agreement releases AMD from all further exclusivity commitments to GlobalFoundries. AMD is now free to use any fab on any process node that it wants. As a quick refresher, the seventh WSA amendment, which was signed in January of 2019, set terms for the AMD/GlobalFoundries relationship through the end of 2024. Among other things, it set wafer purchase targets for the first three years of the agreement (2019-2021), leaving the last three years to be negotiated at a later time. Meanwhile, that agreement also began the process of decoupling AMD from GlobalFoundries by allowing AMD to utilize other competing fabs for 7nm and smaller, while GlobalFoundries remained AMD’s exclusive provider for chips made on 12nm and larger nodes.